Civic Intelligence

Forest Avenue District Management Association Inc

EIN 14-1933279 • 501(c)3 • Staten Island, NY

Profile

To provide services to the forest avenue business improvement district pursuant to their contract with the city of new york

686 Forest AvenueStaten Island, NY 10310-2518

forestavenuebid.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.36x

Higher debt load relative to assets than 82% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.39x

Higher debt load relative to revenue than 87% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2025

Net Margin

48th percentile

5.3%

Higher net margin than 48% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S30 • <$500k nonprofits • Source year 2025

Asset Growth

58th percentile

3.3%

Faster asset growth than 58% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

42nd percentile

-14%

Faster revenue growth than 42% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$237,114

Up $22,069 (+10%) from 2023

Liabilities

Down

$93,541

Down $12,343 (-12%) from 2023

Net Assets

Up

$143,573

Up $34,412 (+32%) from 2023

Revenue

Up

$267,137

Up $48,888 (+22%) from 2023

Expenses

Up

$232,725

Up $28,735 (+14%) from 2023

Net Income

Up

$34,412

Up $20,153 (+141%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $55,694Liabilities 2011: $3,097Net Assets 2011: $52,5972011Assets 2012: $59,156Liabilities 2012: $3,450Net Assets 2012: $55,7062012Assets 2013: $54,779Liabilities 2013: $4,050Net Assets 2013: $50,7292013Assets 2014: $54,443Liabilities 2014: $3,650Net Assets 2014: $50,7932014Assets 2015: $59,504Liabilities 2015: $3,050Net Assets 2015: $56,4542015Assets 2016: $58,832Liabilities 2016: $3,050Net Assets 2016: $55,7822016Assets 2017: $90,678Liabilities 2017: $9,155Net Assets 2017: $81,5232017Assets 2018: $86,116Liabilities 2018: $9,189Net Assets 2018: $76,9272018Assets 2019: $79,362Liabilities 2019: $8,500Net Assets 2019: $70,8622019Assets 2020: $119,375Liabilities 2020: $39,152Net Assets 2020: $80,2232020Assets 2021: $179,429Liabilities 2021: $91,000Net Assets 2021: $88,4292021Assets 2022: $98,152Liabilities 2022: $3,250Net Assets 2022: $94,9022022Assets 2023: $215,045Liabilities 2023: $105,884Net Assets 2023: $109,1612023Assets 2024: $237,114Liabilities 2024: $93,541Net Assets 2024: $143,5732024

Highlighted filing

2024

Assets$237,114
Liabilities$93,541
Net Assets$143,573

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $158,833Expenses 2011: $150,064Net Income 2011: $8,7692011Revenue 2012: $156,330Expenses 2012: $153,221Net Income 2012: $3,1092012Revenue 2013: $154,070Expenses 2013: $159,047Net Income 2013: -$4,9772013Revenue 2014: $155,672Expenses 2014: $155,608Net Income 2014: $642014Revenue 2015: $165,714Expenses 2015: $160,053Net Income 2015: $5,6612015Revenue 2016: $170,865Expenses 2016: $171,537Net Income 2016: -$6722016Revenue 2017: $208,610Expenses 2017: $182,869Net Income 2017: $25,7412017Revenue 2018: $189,535Expenses 2018: $194,131Net Income 2018: -$4,5962018Revenue 2019: $182,880Expenses 2019: $188,945Net Income 2019: -$6,0652019Revenue 2020: $183,016Expenses 2020: $173,655Net Income 2020: $9,3612020Revenue 2021: $175,276Expenses 2021: $167,070Net Income 2021: $8,2062021Revenue 2022: $174,363Expenses 2022: $167,890Net Income 2022: $6,4732022Revenue 2023: $218,249Expenses 2023: $203,990Net Income 2023: $14,2592023Revenue 2024: $267,137Expenses 2024: $232,725Net Income 2024: $34,4122024

Highlighted filing

2024

Revenue$267,137
Expenses$232,725
Net Income$34,412

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.37$0.94$1.44$2.67$2.33$0.34
2023Detailed filing. Detailed filing data is available for this year.$2.15$1.06$1.09$2.18$2.04$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.03$0.95$1.74$1.68$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.79$0.91$0.88$1.75$1.67$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.39$0.80$1.83$1.74$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.09$0.71$1.83$1.89$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.09$0.77$1.90$1.94$0.05
2017Summary only. Only limited summary data is available for this year.$0.91$0.09$0.82$2.09$1.83$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.03$0.56$1.71$1.72$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.03$0.56$1.66$1.60$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.04$0.51$1.56$1.56$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.04$0.51$1.54$1.59$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.03$0.56$1.56$1.53$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.03$0.53$1.59$1.50$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$280,547
Mission and Program Overview

Mission

To provide services to the forest avenue business improvement district pursuant to their contract with the city of new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$164,037$193,889▲ $29,852
Accounts Receivable$37,500$42,500▲ $5,000
Prepaid Expenses and Deferred Charges$1,080$725▼ $355
Total Assets$215,045$237,114▲ $22,069
Other Assets Total$12,428--
Liabilities
Deferred Revenue$82,500$82,500→ $0
Accounts Payable and Accrued Expenses$23,384$11,041▼ $12,343
Total Liabilities$105,884$93,541▼ $12,343
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$109,161$143,573▲ $34,412
Total Net Assets Fund Balance$109,161$143,573▲ $34,412
Total Liabilities and Net Assets / Fund Balance$215,045$237,114▲ $22,069
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$243,360
Program Service Revenue
$20,000
Investment Income
$787
Other Revenue
$2,990
All Other Contributions
$20,000
Change in Net Assets
$34,412

Audited Revenue Reconciliation

Revenue per Audited Statements
$267,137
Revenue Not Reported on Form 990
$13,410
Total Revenue per Audited Statements
$280,547
Total Revenue per Form 990
$267,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,725
Total Fundraising Expense$3,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$62,304$9,343-$71,647
Other Expenses$13,616--$13,616
All Other Expenses$2,829$408$3,625$6,862
Advertising$5,615--$5,615
Fees for Services Accounting-$5,000-$5,000
Insurance-$2,446-$2,446
Total Functional Expenses$211,903$17,197$3,625$232,725

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$246,135
Expenses per Audited Statements$232,725
Total Expenses per Form 990$232,725
Expenses Not Reported on Form 990$13,410
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,400
Fundraising Direct Expenses$13,410
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$19,760$16,400-$16,400
Total Events$19,760$16,400$13,410$2,990
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the irs form 990 is provided to board members before filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Forest Avenue District Management
EIN
14-1933279
Phone
7188164775
Address
686 FOREST AVENUE, STATEN ISLAND, NY 10310-2518

Signing Officer

Name
Megan Coppola
Title
Chair
Phone
7188164775
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Coppola
Formed
2005
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
Nicole M Bulcroft CPA
Phone
7183512233
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses 13,410 fundraising expenses -13,410

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and from state and local income taxes under comparable laws. Generally accepted accounting principles prescribe how an entity should measure, recognize, present, and disclose in its financial statements, tax positions that the organization has taken or expects to take on its tax returns. The organization regularly reviews and evaluates its tax positions with regard to issues affecting its not-for-profit status. The organization believes that in the event of an examination by taxing authorities, its position would prevail based on technical merits.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 13,410

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 13,410

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IRS990/NondeductibleContributionsInd0false
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IRS990/OtherExpensesGrp/Desc2OTHER PROGRAM COSTS
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IRS990/OtherExpensesGrp/ProgramServicesAmt133400
IRS990/OtherExpensesGrp/ProgramServicesAmt222986
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IRS990/OtherExpensesGrp/TotalAmt222986
IRS990/OtherExpensesGrp/TotalAmt313616
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0725
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt0232725
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt013410
IRS990ScheduleD/OtherRevenueAmt013410
IRS990ScheduleD/RevenueNotReportedAmt013410
IRS990ScheduleD/RevenueSubtotalAmt0267137
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND FROM STATE AND LOCAL INCOME TAXES UNDER COMPARABLE LAWS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE HOW AN ENTITY SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS, TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON ITS TAX RETURNS. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS WITH REGARD TO ISSUES AFFECTING ITS NOT-FOR-PROFIT STATUS. THE ORGANIZATION BELIEVES THAT IN THE EVENT OF AN EXAMINATION BY TAXING AUTHORITIES, ITS POSITION WOULD PREVAIL BASED ON TECHNICAL MERITS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 13,410
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 13,410
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt03360
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE IRS FORM 990 IS PROVIDED TO BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES 13,410 FUNDRAISING EXPENSES -13,410
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0686 FOREST AVENUE
IRS990/USAddress/CityNm0STATEN ISLAND
IRS990/USAddress/StateAbbreviationCd0NY
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IRS990/WebsiteAddressTxt0FORESTAVENUEBID.COM
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGAN COPPOLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR

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